Logo
Quote by Milton Friedman
Inflation is the one form of taxation that can be imposed without

Inflation is the one form of taxation that can be imposed without legislation. – Milton Friedman

Other quotes by Milton Friedman

Concentrated power is not rendered harmless by the good intentions of those who create it. – Milton Friedman

Category:
good
Author
Milton Friedman
Read Quote

The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy. – Milton Friedman

Category:
Government
Author
Milton Friedman
Read Quote

Most of the energy of political work is devoted to correcting the effects of mismanagement of government. – Milton Friedman

Category:
Government
Author
Milton Friedman
Read Quote
Other Quotes from
Inflation
category

The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. – John Maynard Keynes

Category:
Inflation

Inflation is when sitting on your nest egg doesnt give you anything to crow about. – Source Unknown

Category:
Inflation

Someone said that inflation is like jumping off the top of the Empire State Building. The sensation is great as long as you keep on going. – David H. Scott

Category:
Inflation

Inflation is determined by money supply growth. – Roger Bootle

Category:
Inflation

Random Quotes

I have great respect for President Bush, Secretary Powell and Secretary Ridge. – Elton Gallegly

Category:
respect

Congress will pass a law restricting public comment on the Internet to individuals who have spent a minimum of one hour actually accomplishing a specific task while on line. – Andy Grove

Category:
Technology

You in the West have a problem. You are unsure when you are being lied to, when you are being tricked. We do not suffer from this; and unlike you, we have acquired the skill of reading between the lines. – Zdenek Urbanak

Category:
Ideology